WS1102: Real Estate Financing Options with Terry Painter

Before the COVID-19 pandemic started, loans were made almost solely related to the quality of the property – its income and location. Today, lenders look at the quality of the experience, net worth in liquidity, and financial strength of the team that’s putting together the syndication. Even banks started raising their debt service coverage ratios. They have also stopped doing cash-out refinances. In this episode, Terry Painter, who is the author of the Encyclopedia of Commercial Real E...